Muhurat trading this year for Equities, Equity F&O, Currency F&O, and Commodities will be conducted on Friday, November 01, 2024.
The Festival of Lights – Diwali is a significant occasion in the Hindu calendar, symbolizing the triumph of light over darkness, knowledge over ignorance, and good over evil.
As with any religious festival, Diwali is surrounded by numerous beliefs, customs, and traditions. One such tradition is Muhurat Trading.
In this article, we will explore this tradition and everything you need to know about the timing of Muhurat Trading.
What is Muhurat Trading?
Before defining Muhurat Trading, let’s first understand the term ‘Muhurat.’ The word ‘Muhurat’ refers to an auspicious time. In Hindu customs, a Muhurat is a moment when planetary alignments are considered favorable, leading to positive outcomes.
Muhurat Trading is a widely observed ritual among traders in India. It consists of a one-hour period deemed auspicious on Diwali for investing in shares. Each year, the stock exchange announces the specific time for Muhurat Trading.
According to tradition, those who trade during this hour are believed to have a greater chance of acquiring wealth and prosperity throughout the year. This trading period typically occurs in the evening of Diwali, and many individuals choose to buy stocks as a way to honor Goddess Lakshmi.
Muhurat Trading Timings 2024
Muhurat Trading will be conducted on Friday, November 01, 2024. Timings of Muhurat Trading are as follows:
| Diwali Muhurat Trading Session on Friday, November 01, 2024 | Start Time | End Time |
| Pre Open* | 17:45 hrs | 18:00 hrs |
| Normal Market | 18:00 hrs | 19:00 hrs |
Other market session timings details are as follows:
| Diwali Muhurat Trading Session on Friday, November 01, 2024 | Start Time | End Time |
| Block deal session | 17:30 hrs | 17:45 hrs |
| Special Preopen Session ** (For IPO & Relisted security) | 17:45 hrs | 18:30 hrs |
| Normal market open time for stocks in special preopen session | 18:45 hrs | 19:00 hrs |
| Call Auction Illiquid session * | 18:05 hrs | 18:50 hrs |
| Closing Session | 19:10 hrs | 19:20 hrs |
| Trade Modification cut-off time | 18:00 hrs | 19:30 hrs |
What Happens in Muhurat Trading?
On Diwali, both the NSE (National Stock Exchange) and BSE (Bombay Stock Exchange) allow trading for a limited duration. Typically, the trading session is divided into the following segments:
- Block Deal Session: In this phase, two parties agree to buy or sell a security at a predetermined price and notify the stock exchange accordingly.
- Pre-Open Session: During this period, the stock exchange determines the equilibrium price, which usually lasts about eight minutes.
- Normal Market Session: This is the one-hour session where the majority of trading occurs.
- Call Auction Session: This session focuses on trading illiquid securities, which are defined as securities that meet specific criteria set by the exchange.
- Closing Session: In this final phase, traders and investors can place market orders at the closing price.
Happy Investing And A Very Happy Deepavali!🪔🎆
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